Tuesday, October 20, 2009

1500 pages WTF

1500 Obamacare pages in 70 Words
 Snuff the fkr granny

Kill that fkr granny - Kill! Kill!

 My, my.  The 1000 page  Obamacare bill is now the 1500 page Obamacare bill.   One of the key elements, it seems, is to place a 40% tax on all private insurance to make them "less attractive" (unaffordable).  Once passed, the same gambit will be used to rid America of other Liberal annoyances.  Like a $5/per bullet tax.  That's how they think.  But back to that Obamacare page inflation, and what it heralds. (70 Words)

Washington has just run a $1.4 trillion budget deficit for fiscal 2009, even as we are told a new health-care entitlement will reduce red ink by $81 billion over 10 years. To believe that fantastic claim, you have to ignore everything we know about Washington and the history of government health-care programs. For the record, we decided to take a look at how previous federal forecasts matched what later happened. It isn't pretty.

Let's start with the claim that a more pervasive federal role will restrain costs and thus make health care more affordable. We know that over the past four decades precisely the opposite has occurred. Prior to the creation of Medicare and Medicaid in 1965, health-care inflation ran slightly faster than overall inflation. In the years since, medical inflation has climbed 2.3 times faster than cost increases elsewhere in the economy. Much of this reflects advances in technology and expensive treatments, but the contrast does contradict the claim of government as a benign cost saver.

[1healthcosts]

Next let's examine the record of Congressional forecasters in predicting costs. Start with Medicaid, the joint state-federal program for the poor. The House Ways and Means Committee estimated that its first-year costs would be $238 million. Instead it hit more than $1 billion, and costs have kept climbing.

Thanks in part to expansions promoted by California's Henry Waxman, a principal author of the current House bill, Medicaid now costs 37 times more than it did when it was launched—after adjusting for inflation. Its current cost is $251 billion, up 24.7% or $50 billion in fiscal 2009 alone, and that's before the health-care bill covers millions of new beneficiaries. (and there's more here)

See what I'm saying.  My 70 word memo became 334 words in a twinkling.  It's what gummint does.  But, what do patriots do with out of control gummints?  That's right, they get rid of them the quickest  way possible.  That's a debate worth having.  I think it's hanging.  

2 comments:

Rodger the Real King of France said...

I added The WSJ Guide to ObamaCare to the header file watch.

Anonymous said...

From the comment section of the WSJ:
The Hippocratic Oath: New Modern Version

"Gimme mo money, mo,mo, money.
Rolex, Gucci, Mercedes Benz,
Callaway, Titleist,
mo money to spend.

Cessna, I-Phone, caviar,
Pay me what I want or I'll
kill you in the OR."

olds-mo-william

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